That being said, we at The Stealthy Trader(ST) very much believe in aligning our strategies with the overall direction of the market. So, in other words, our ideal scenario is to have a "bullpen" of go to stocks handy that we follow in "Stealth Mode". This includes knowing how they've re-acted to recent moves in the Index in combination with the overall buying momentum for each stock. One of the more frustrating things that can happen is having your timing all synched up to only experience a dud stock that just sits there while both the market & other bullpen stocks you "passed on" explode!
So, let me conclude this post by introducing a key tenant of the ST methodology..We're more concerned about the present momentum in our "bullpen" of stocks than the immediate behavior of the market index(Dow/S&P/Nasdaq)..both are important, but not of the same magnitude.
For the upcoming week, our ideal scenario would be to perhaps experience some weakness in the Index earlier in the week while noticing some subtle buying pressure in a few of our bullpen stocks. We are very prepared to pull the trigger on some buys(we will post) should our belief that the market is due for it's explosive breakout(sooner rather than later) come to fruition.
Have a great start to the trading week and make sure to sign up for our mailing list as no doubt we'll be adding both content and product in the coming weeks and months.
So, in other words, enjoy it all while it's still free :-)